Gov't Lacks Credit To Carry Out Multi-Year Tax Programme

Forint Highly Exposed To Rising Risk Aversion
"Global equity gyrations continue to dictate the direction of emerging market currencies, and with risk aversion remaining high and European equities closing lower on Monday, many currencies remained under pressure throughout the trading session yesterday, Calyon said on Tuesday. Mitul Kotecha, head of global FX research at Calyon, said Hungary's forint appeared to be highly exposed to rising risk aversion. more »

Sanyo To Close Down Rechargeable Battery Unit
"Sanyo Hungary will embark on a massive headcount reduction due to the closure of its rechargeable battery plant. more »

Koka: 500-600 Billion HUF Tax Cuts In 2009
"Hungary's Free Democrats (SZDSZ), the junior party in the ruling coalition, seek tax cuts worth up to 600 billion forints ($3.42 billion) in 2009 so as to spur economic growth, Chairman Janos Koka said. more »

HEADLINE South Stream Deal Not To Restrict Other Projects, Say Gov't Officials

HEADLINE Mastercard Says Interchange Fees Probed In Hungary

HEADLINE Budapest Shares TFN At A Glance Outlook

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